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300 1St St Sutherland, NE 69165

Sponsored
For Sale
$4,195,703

High-yield, NNN-leased portfolio.

Property size:
36,104 SF

Description

Added:
Feb 13, 2025
Days on Market:
327
This exceptional investment opportunity presents a portfolio of four Dollar General stores located across Nebraska. Each store enjoys an exclusive market presence, benefiting from a lack of direct competition within their respective towns. The portfolio comprises four buildings totaling 36,104 square feet, constructed in 2015 and 2016, and operating under absolute NNN leases with a credit-rated, corporate-guaranteed tenant. The current leases have a remaining term of 6.3 years, with three, five-year renewal options including a 10% rent increase. The portfolio boasts a 7.64% cap rate and a strong net operating income (NOI) of $320,425. The properties are strategically located in Sutherland, Ravenna, Burwell, and Friend, Nebraska, benefiting from high visibility along major highways and proximity to local amenities and attractions. The strong financial performance of Dollar General, a national retailer with over 19,000 stores, ensures a reliable and stable income stream. This portfolio offers a compelling investment opportunity with significant long-term growth potential. The properties are offered as a complete portfolio or in pairs, providing flexibility for potential investors. The fee simple ownership structure provides complete control and ownership of the assets.

Property Features for 300 1St St

General Information

Property type
Individual retail properties
Square Feet
36,104 SF
Class
B

Building Details

Buildings
4
Units
4

HighLights

  • $4,195,703 asking price for a four‑unit Dollar General portfolio in Nebraska.
  • Net lease, absolute NNN, with a credit‑rated, corporate‑guaranteed tenant.
  • 100% occupancy, 6.3 years remaining on the 16‑year lease, with three 5‑year options and 10% rent bumps in those options.
  • 7.64% cap rate, $320,425 NOI.
  • Four Class B buildings totaling 36,104 square feet, built in 2015 and 2016.
  • Fee simple ownership.
Property Profile Location Intelligence

Current Use by Public Records

Dollar General Dollar Store FedEx OnSite Mailing Service Redbox Movie Rental Kiosk Western Union Money Transfer Service

Suggested Use

Restaurant Spa & Massage Dental Office Hair Salon Building Supply Gym & Fitness Auto Repair Shop Wholesale Shop Hotel & Motel Kitchen & Bath

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Sutherland
County
Lincoln
State
Nebraska
Longitude
-101.11934464784
Latitude
41.157582048796

FAQs

What type of property is this?
Individual retail property - High-yield, NNN-leased portfolio.
Where is this individual retail property located?
The property is located at 300 1St St Sutherland, NE.
What is the asking price?
The asking price for this property is $4,195,703.
What are key features of this property?
This property features: $4,195,703 asking price for a four-unit Dollar General portfolio in Nebraska.; Net lease, absolute NNN, with a credit-rated, corporate-guaranteed tenant.; 100% occupancy, 6.3 years remaining on the 16-year lease, with three 5-year options and 10% rent bumps in those options.
More about this property
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